THIS STORY HAS BEEN FORMATTED FOR EASY PRINTING

IMF rules chief didn't abuse power

Associated Press / October 26, 2008
  • Email|
  • Print|
  • Single Page|
  • |
Text size +

WASHINGTON - The head of the International Monetary Fund will remain in his job after the agency's executive board concluded there is no cause for dismissal over an extramarital relationship.

The IMF board issued a statement late yesterday saying that the actions of IMF managing director Dominique Strauss-Kahn were "regrettable and reflected a serious error of judgment."

The 24-member board of directors decided in a unanimous decision Strauss-Kahn's relationship with the former IMF employee was consensual and did not involve any type of sexual harassment, favoritism, or abuse of authority by the director. Strauss-Kahn had a brief affair with Piroska Nagy, who worked in the IMF's Africa department as a senior economist until taking a buyout in August.

  • Email
  • Email
  • Print
  • Print
  • Single page
  • Single page
  • Reprints
  • Reprints
  • Share
  • Share
  • Comment
  • Comment
 
  • Share on DiggShare on Digg
  • Tag with Del.icio.us Save this article
  • powered by Del.icio.us
Your Name Your e-mail address (for return address purposes) E-mail address of recipients (separate multiple addresses with commas) Name and both e-mail fields are required.
Message (optional)
Disclaimer: Boston.com does not share this information or keep it permanently, as it is for the sole purpose of sending this one time e-mail.